English for Managers. Аристова Е.В. - 26 стр.

UptoLike

Составители:

Рубрика:

2. Agree or disagree with the following statements:

1. There is always an element of risk in starting a business.

2. If the business is not successful, the risk has been justified.

3. All railways, houses, land, airports shares are capital.

4. Profit is the surplus which accumulates as a result of productive work.

5. The employees, the employers and the providers of capital bear the risk.

6. A deliberate policy of saving surpluses may be only collective.

7. The employer obtains the surplus after he pays the wages of his

employees.

3. Answer some questions on the Text:

1. What is profit?

2. What is necessary to start productive work?

3. Why is there always an element of risk in providing capital?

4. Who bears this risk?

5. How is capital created?

6. What is the nation's capital?